Nothing makes someone’s eyes glaze over faster than talking about “budgeting”. What about the “b-word” makes us squirm? We all understand the math involved, and surely the difficulty isn’t an inability to identify the components of spending. We often feel anxious because we think of fixed expenses and discretionary expenses in terms of static “wants” vs. “needs” within our cash flow statements, instead of a dynamic process of prioritization. Read on to learn more about the art of blending practicality and emotions around expenses.
As Dimensional Fund Advisors embarks on it’s 25th year of working with financial advisors, they shared with us a series of Dimensional Stories, two minute videos on the themes and insights that influence Dimensional’s way of investing. Today, we share the second video of the five part series, Dimensional Stories: The 200th Draft. We found this video to be particularly resonant because the collaborative approach described by Eugene Fama mimics, in many ways, the close working relationship of the Yeske Buie team. Learn more about these similarities and watch the short video.
At Yeske Buie, our purpose is to empower people to pursue their Live Big® lives. And our greatest strength is our dedicated team of professionals, led by our two founders, who between them have over 70 years of combined experience practicing financial planning and leading the profession.